This week's book giveaway is in the OCPJP forum. We're giving away four copies of OCA/OCP Java SE 7 Programmer I & II Study Guide and have Kathy Sierra & Bert Bates on-line! See this thread for details.
Amit, The real question is what are the advantages of stored procedures vs prepared statements. The main one is that stored procedures are faster because run completely on the database while prepared statements are more portable.